(A) All schools registered with the state board of career colleges and schools shall assist students with job placement after graduation. Placement assistance must include elements which exceed steps that the student could initiate on his/her own.
(B) Each school shall submit evidence which demonstrates that it has an acceptable record of graduation rates and job placement rates for each program.
(1) The board will calculate average job placement and graduation rates annually for each program type based upon information collected from school reports.
(2) A school with graduation or placement rates that are one or more standard deviations below the average may be required to submit an explanation for the deviation. The board may accept the school's explanation or the board may take other disciplinary action against the school pursuant to the provisions of section 3332.09 of the Revised Code.
(C) The formula for calculating job placement rates for each program is based on total number of graduates who found gainful employment divided by total number of graduates available for placement.
(1) All graduates will be considered as available for placement except those graduates that the school can document are unable to work or who are not seeking placement.
(2) A graduate will be considered gainfully employed if they have found employment in their field of study or have found employment in a related position.
(D) Each school is required to verify the accuracy of its job placement and graduation rates at anytime when requested by the board or its designees.